Highest Funded Startups in India In 2017

Highest Funded Startups in India In 2017

The murmurs in entrepreneur circles about funding slowdown is still persistent. There are talks about bursting the startup bubble. The flames of uncertainty is still recurring, on top with the change of dynamics in startup ecosystem. However, when the country’s economic growth and purchasing power of people are on synchronized rise, there can be no dearth of funding. 2015 was a very good year, and 2016 is for taking things slow. But there is no stopping for the VC companies. Read our list of the top 10 most funded startups and get a dose of motivation for free!

Jugnoo Accuses Ola Of Foul Play, Publishes Proof

Jugnoo Accuses Ola Of Foul Play, Publishes Proof

After Uber had approached the Delhi High Court accusing the company of making fake bookings on its app to sabotage its business, Jugnoo has followed suit with similar claims of its own.

Jugnoo is a Chandigarh-based auto aggregator that competes directly with Ola, which also has its own auto booking service. It alleges that Ola employees have been creating fake accounts over the last 10 days to book and make cancellations on Jugnoo’s app leading to loss of revenue for the company and also affecting the income of auto-rickshaw drivers.

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